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CRH PLC T.CRH


Primary Symbol: CRH

CRH PLC is a provider of building materials solutions. The Company integrates building materials, products, and services by providing them to customers as complete solutions. Its segments include Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions and Europe Building Solutions. The Americas Materials Solutions segment provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings in North America. The Americas Building Solutions segment manufactures, supplies, and delivers solutions for the built environment in communities across North America. The Europe Materials Solutions segment provides solutions for the construction of public infrastructure and commercial and residential buildings to customers in construction markets in Europe. The Europe Building Solutions segment combines materials, products, and services to produce a range of architectural and infrastructural solutions.


NYSE:CRH - Post by User

Bullboard Posts
Post by bond46on Nov 23, 2016 5:51pm
206 Views
Post# 25505375

The funds migration continues

The funds migration continuesCRH keeps going higher with no news to report. Yet the volume today was 700000 shares and the price went up to $8.20. At the same time Valeant and Concordia, two pharma co's, went south by a great deal. It's then reasonable to believe that CRH and even small stocks have become the place to go to for many fund managers. Add to it the Gold sell off and the prospect of copper being ahead of itsel, and a major correction is around the corner, you have migration of funds to more secure stocks with a promising track record. And CRH so far is such a stock hence the bid up. After all RBC capital, had given a $9 target price only a month ago. In any case, funds buying the stock all they care about at this point is to establish a position and the sp will eventually rise. And this is a vote of confidence to CRH something the early birds should be very happy about.
Bullboard Posts